Excludability

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Excludability is an economic term for a good for which the owner can exclude from use by others.

Examples of excludability are secrets, tickets, patents, trademarks and copyrights.

Excludability is essential in determining whether a nonrival good will be produced.[1]

References

  1. ↑ http://www.economicprincipals.com/issues/06.11.12.html
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